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Financial advisor groups want Congress to bring back this tax break

Financial advisor groups want Congress to bring back this tax break

Finance
kate_sept2004 If you're paying a financial advisor to guide you through current market havoc, groups representing those professionals want you to nab a tax break for those fees.A quintet of groups representing financial advisors is calling upon Congress to restore a tax deduction for advisory fees."We think it's good public policy at any time, but especially and critically so now," said Kevin Keller, CEO of the Certified Financial Planner Board of Standards, one of the organizations supporting the return of the deduction.Other groups calling for the tax break include the Financial Planning Association, the Financial Services Institute and the National Association of Personal Financial Advisors.More from Smart Tax Planning:About 30 million people missed out on these tax breaksSkip...
Congress questions HHS chief Alex Azar on COVID-19 ‘confusion’

Congress questions HHS chief Alex Azar on COVID-19 ‘confusion’

Health
Feb. 26 (UPI) -- Members of Congress questioned Health and Human Services secretary Alex Azar Wednesday on what they say are mixed messages from the Trump administration and the Centers for Disease Control and Prevention about the danger the country faces from COVID-19. In separate budget hearings before two different congressional committees, Azar told members of Congress that spread of the novel coronavirus is contained at the moment -- comments that seem to contradict the CDC's warnings to prepare for a possible pandemic. "Confusion is the enemy of preparedness," U.S. Rep. Anna Eshoo, chair of the House Committee on Energy and Commerce's health subcommittee, said at the opening of Wednesday afternoon's hearing. "I believe the administration's lack of coordination for COVID-19 outbreak...